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Carnival Swings to Fiscal Q4 Adjusted Profit As Revenue Rises; Issues Outlook for Fiscal Q1, 2025
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Carnival Swings to Fiscal Q4 Adjusted Profit As Revenue Rises; Issues Outlook for Fiscal Q1, 2025
Dec 20, 2024 7:09 AM

09:41 AM EST, 12/20/2024 (MT Newswires) -- Carnival (CUK, CCL) reported fiscal Q4 adjusted earnings Friday of $0.14 per share, swinging from a loss of $0.07 per share a year earlier.

Analysts polled by FactSet expected non-GAAP EPS of $0.08.

Revenue for the quarter ended Nov. 30 was $5.94 billion, up from $5.40 billion a year earlier.

Analysts surveyed by FactSet expected $5.94 billion.

The company said it expects breakeven fiscal Q1 adjusted earnings and $1.70 adjusted earnings per share for 2025. Analysts surveyed by FactSet expect a Q1 adjusted loss of $0.02 per share and full-year adjusted EPS of $1.75.

CUK and CCL shares were up 3.9% and 3.6%, respectively in early Friday trading.

Price: 23.35, Change: +0.52, Percent Change: +2.28

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